harmonization of fiat and crypto

[desticy]

I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.

Of course, cryptocurrency can never replace the traditional national money of states. State governments will not allow this. And cryptocurrency by its nature is not capable of this. Stable coins can partially displace fiat, but state cash should remain. Even highly developed states with a high level of income of citizens who want to get rid of paper money will still use their non-cash money.

Never say never. Let's not forget one thing - there is nothing infinite in the world. The state and social foundations that exist now can be completely reformatted and changed within one decade.

We do not know what the world will be like in 10 years, everything will depend on technology.
If we move into a fully digital era, then there will be no point in fiat means, they will also try to go into a fully digital environment, but during this transition there may be problems that simply destroy the fiat in the form in which we know it.

[worldofcoins]

Although I have always held the view that crypto will erase fiat completely, this post has opened my eyes to see the possibility of the harmonization of fiat and crypto.
Now I realize that it is very difficult for existing system of fiat money to be made away with completely by crypto judging by the fact that fist is what they have come to trust over the years. If there's a way crypto can be harmonized with fiat, it will aid the adoption of crypto as they'll get to know of the numerous advantages of crypto.
I however think this will take time to be and there'll be need for certain measures to be put in place to accommodate this

Crypto can never be accepted or replace with fiat, Since its decentralized and untraceable.
It will become a big trouble for banks and the government.

Bitcoin users can not pay tax which affects our economy and society. fiat and cryptos are two different things in our society.

[Mauser]

Never say never. Let's not forget one thing - there is nothing infinite in the world. The state and social foundations that exist now can be completely reformatted and changed within one decade.

We do not know what the world will be like in 10 years, everything will depend on technology.
If we move into a fully digital era, then there will be no point in fiat means, they will also try to go into a fully digital environment, but during this transition there may be problems that simply destroy the fiat in the form in which we know it.

I really hope this is not going to happen. For me it's all about the control of the government.  Crypto currencies were designed to be independent from governments. A digital FIAT currency will still be at the mercy of it's central bank. It's up to the politician of how much new money is being issued every month. With cryptos it's a fixed process and every investors knows before hand. I would appreciate if not a few people can decide the faith of so many.